3 Things Food Founders Should Never Do: Advice for Avoiding Banking Issues, Preventing Bookkeeping Headaches, and Ensuring Accurate Financials

The Good Food CFO podcast

Το περιεχόμενο παρέχεται από το Sarah Delevan. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Sarah Delevan ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

5M ago 42:03

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Ever encountered challenges with syncing apps to accounting software or using online-only banks?

You are not alone!

In this episode, I’m sharing the financial "never do's" - things that founders should be wary of, and the cautionary tales from my experience as a CFO consultant that I believe are crucial for any business owner to heed.

Chelsea and I discussed:

The problems with syncing apps and e-commerce sites to accounting software
Why you shouldn’t be using new online-only banks without proper research into their reliability, FDIC insurance, and fee structures
The importance of good data management
My experience with Square's checking account and the challenges of reconciling transactions
The importance of testing financial systems and consulting with financial teams
And More!

We're compiling a list of "never do's" to save you from extra headaches and work, and we want to hear from you! Your story could be the cautionary tale that saves a fellow founder from financial frustration. Let us know at hello@thegoodfoodcfo.com

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#Entrepreneur #Business #Sarah Delevan #Foodbusiness #Financial #Profit